Flooring Installers in the US - Market Research Report

Laying the groundwork: Higher mortgage rates will subdue industry growth

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Floor installers primarily install resilient flooring, including carpeting, linoleum, wood or other alternatives. Companies also prepare surfaces for the installation of flooring and floor coverings. Flooring installing services are essential to constructing and renovating residential houses and buildings, which are the industry's primary markets. Housing starts, the value of residential construction, private spending on home improvements and existing home sales all climbed through the end of 2023, enabling floor installers to thrive due to healthy downstream demand. This was especially evident amid the COVID-19 pandemic, as the Federal Reserve lowered interest rates to stimulate economic activity. Contractors in this industry primarily install resilient flooring, carpeting, linoleum and wood or other alternatives and prepare surfaces for the installation of flooring and floor coverings. Industry activity includes new work, additions, alterations, maintenance and repairs. This industry does not include the installation of concrete flooring or the installation of stone or ceramic floor tile (23834).